The $72 million-asset credit union plans to add an affinity debit card program, relationship-based patronage and other benefits in order to boost membership growth.

The company that made its name refinancing student loans plans to delve deeper into originations after a trial run of sorts.

Payments and financial services technology are still stuck in yesteryear, chained to paper and dangerously prone to fraud, according to Matt Streisfeld, a principal at Oak HC/FT.

Allen, Texas-based Giact Systems is combining its identity and payment verification tools into a single platform called Epic.

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

Chatbots have been percolating for a while as the next big channel for commerce and P-to-P payments, and the technology hit a fever pitch last week with a slew of high-profile merchant announcements that suggest the technology has reached a turning point.

False IDs are complex and difficult to spot. A combination of biometrics and other advanced security tecnology is needed.

Using a program built by Ripple, BBVA has transferred about 50 euro-denominated payments to Mexico from Spain in seconds. Such transactions normally take up to four days to clear, the bank said.

Banco Bilbao Vizcaya Argentaria SA, Spain’s No. 2 lender, has executed its first cross-border payments through a system based on the software that supports bitcoin.

Readers sound off an attempt to block prepaid regulations, threats to consumer privacy, FSOC’s political bent, the proper use for SARs, and more.

Issuers and other organizations accept a nominal level of money laundering. Machine learning and artificial intelligence can improve that.

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

To battle the rise of new-account fraud, Dublin-based Experian has adopted a new tool from BioCatch, which uses behavioral biometric technology to spot fraudulent applicants.

Wealthfront is the first of the tech-powered financial advisers to offer securities-based lending. It will compete with the likes of Wells Fargo and Morgan Stanley.

Unlike other “suspicious activity report” categories, a new proposal to add a “cyberevent” category would require institutions to detect and report digital mischief whether directed at a customer’s account or the bank itself.

All six credit unions will utilize Fiserv’s DNA core platform, extending contracts with the technology provider that go on for more than 20 years.

Cloud-based disaster-recovery strategies allow a growing number of credit unions to focus on members and staff, rather than hardware, when things go south.

There are several steps necessary to contain, assess and report an incident that should precede further action.

Large companies are starting to embrace bot technology, with Mastercard, MoneyGram and Western Union all announcing new services.

Subway, Fresh Direct and The Cheesecake Factory are among the first to use Masterpass-enabled bots on Facebook Messenger to sell their wares over social media.